Retail Building
Retail-Commercial
for Sale
Also listed as Office
| Catylist Listing ID: |
30819446 |
| Property Subtypes: |
Convenience Store, Free-Standing Building, Retail-Pad, Street Retail, Other
|
| Building Size (RSF): |
1,250 SF
|
| Gross Building Area: |
1,300 SF |
| Sale Price: |
$900,000 |
| Unit Price: |
$720 PSF |
| Property Use Type: |
Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business |
| Building Name: |
Keith St Retail |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
5.7% |
| Last Updated: |
3/13/2023 |
Overview / Comments
Great little commercial building with excellent visibility! Built in 2019 - Located next to Walgreens & Tire Discounters just across the street from Wal-Mart.
Current tenant under lease until 2025 with 2 options to renew.
|
Current Tenants
| Tenant Business Name |
Tobacco Sky |
| Industry Type |
Retail Trade |
| Is Renting? |
Yes |
| Employees at Location |
2 |
| SF of Space Occupied |
1,250 SF |
| Current Rent |
$4,500 PSF (Annual) |
| Options |
2 |
Additional Details
| Nearest MSA: |
Cleveland |
| County: |
Bradley |
| Taxing Authority: |
City of Cleveland |
| Tax ID/APN: |
042B C 001.00 C 017 |
| Zoning: |
CH - HIGHWAY COMMERCIAL |
| Retail Clientele: |
General, Family, Business, Traveler, Recreation |
| Property Located Between: |
Tire Discounters & Walgreens |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Lee Hwy |
| Feet of Frontage: |
97 |
| Traffic/Vehicle Count: |
29,416 |
| Area Description: |
Major retail/shopping district |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Typical SF / Floor: |
1,250 SF |
| Property Condition: |
Excellent |
| Year Built: |
2019 |
| Roof Type: |
Flat |
| Construction/Siding: |
Stucco |
| Exterior Description: |
Stone & stucco |
| Total Parking Spaces: |
5 |
| Parking Type: |
Surface |
| Heat Type: |
Electricity |
| Heat Source: |
Central |
| Air Conditioning: |
Package Unit |
| Internet Access: |
Cable |
| Interior Description: |
Currently built out as 2 spaces, could be combined or divided. |
| Zoning Description: |
Highway commercial zoning |
| Lot Frontage: |
97 |
| Lot Depth: |
171 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Easements: |
Ingress/Egress |
| Land Ownership: |
Fee Simple |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
2,696 |
40,711 |
58,587 |
| Median Age: |
39.37 |
37.04 |
37.14 |
| Households: |
1,123 |
15,672 |
22,632 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Knoxville Area Association of REALTORS® nor
Moody's assume any liability for errors or omissions.
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